Trend Finder TS with clear stop loss and exit signals (happy pippin')

Hello everybody, I want to share my trading experience with the post of an image showing my trading system, unfortunatly i belive this is not programmable with an EA but it is simple to see on the chart:

Timeframe: 1H 1D 5M

setup:
stochastic oscillator 7,3,3
stochastic 14,3,3
stochastic 21,3,3
stochastic 28,3,3
macd 12,26,9
SMA on price 20

my references
Ok here we go, you can follow live trading show when I am online at the following url http://www.livestream.com/8drem, subscription is not required, here you can chat live with me and see my live metatrader screen when I trade and also you can listen my audio comments there is only a short delay due to the live screencast time, this is for free only for few days because it requires a lot of time notice that a bar is 5 min this is enought o follow good the trades, I am not a scalper

follow me on twitter for signals @ http://twitter.com/emiliostefano

naturally you can post any question and preferred suggestion in the thread, please do not repeat questions, I will not reply...

anyway I post some live chart samples on the forum during the trading hours
analysis:

1. find a divergence on the 2 waves of the macd
2. find a ross hook
3. after all four stochastics retrace in oversold entry on the 2 level of the ross hook
4. eventualy look the possibility of inversion in 4 hr chart
4. every ross hook represent a pyramid level
there is an occasion every day on every pair when the market is in trend on the daily chart.


entry: draw an horizontal line on the 2 lever of the ross hook, let the open price cross the SMA 20

it is storngly recommended to follow this system after a range market

Normally this metod is the beginning of a new trend on the upper timeframe of the entry.

Sorry for my poor english, look for the chart that is self explained.

Please send me a feedback by voting this or post any suggestion and variation, this could be easily improve the system and let earn profit for everybody!

Regards

please vote this thread to keep it alive

live chat room: skype:?chat&blob=TPJD2AnMVF3lludrt0ML2mjUyaoemfkuj2-DMTEZqK584bfCmRlbVZSIrCo3LKQzKHdv2UFrKJ-TTjN9spxfAWo2


Emilio Reale.

another occasion in short

Hello guys, please notice the different timeframes of the chart pictures, any comments ideas or questions are welcome!

Sorry I forgot the template attached

Hello, Now I want to explain better my trading system based of the 1-2-3 pattern named ross hook, I have seen that afer an inversion there is always a divergence on the macd, it can confirm the 123, then sometimes there are false signals expecially in markets with high volatility, like the futures of the indices or somthing the oil future.

than a divergence and the 123 are the correct confirmation of the inversion signal, but Ross recommends to buy on the Rh level, the right trick is to buy (or sell) at the two level, my TS simply use a simple MA to confirm the break and the right signal. Obviously a always use many signal confirmation for my Ts.

In the attachment I put some 123 images that explay how it works, but in internet you can find a lot of material regarding the Ross hook.

The following week I will post live trades and signal you cold check these signal, you cold tes also the elliot wave theory usually verifiy. Normally I do not use fibonacci but it could useful also for exit signals


this signal is particularly significant because it is after a clear range flag!

the last entry has closed with a loss of 10 pips
sorry for my but I am Italian!!

happy trades!

I drew also a fibonacci for trend confirmation that show me the 38.2 retracement it corrisponds to the level of ross and it is a clear sign of trend continuation.... Also normally I take this entry because the divercence is on the same wave but the confirmation is the flag... I beleve I will partecipate to the italian top trade with this tecnique, reaaranged for the futures and commodities mktg. it makes profits by months for me, now I belive that if all the user of FF makes entry, they all do not make any movement to the chart it is kindly different for other type of mktg depentent by the book...

happy trades

today GU same time of EU I have taken EU

here for intrepid people another analysis of exit signal, with my experience I can really indicate that find the correct level of stop loss and exit signal is an art and discover only the entry is for scalpers only but I cansider much more safer other kind of trades

Regards, and do not forget to vote !

another trade on history

Instead of posting isolated trades which really don't prove anything except that hindsight is 20/20 vision, can you periodically post account statements so we can all see that this system is consistently profitable, consistently being the operative word.

This system looks very very simialr to this - http://www.forexfactory.com/showthread.php?t=207012

awesome and well presented mate, thanks

Hi,

Nice thread thanks for your information.
I love trends

Can You explain again, how you find a divergence on MACD

This is the same as your first chart



thanks for share

---------------------
Combining All Three Aspects of Wave Theory

Tank you guys for interests on my trading strategy here I reply to fx-group because I effectivly specialized my old trading system with the usage of the stochastic oscillator of the tf-group thread, but I do not use the stochastic for the entry, I prefer to see price movement and the entry signal is the combination of 3 signals

 

1. first of all market congestion ( you can see the shape of the stocastic it is clearly a congestion)
2. find a divergence
3. find a ross hook

Only if the three condition is confirmed it could be a great strong opportunity (fx group use an entry based on the stochastic my entry is based on the 123 rh) another thing about fx-group, for the correction I want to confirm overbought and oversold signals and the market congestion with the divergence, if it is real there is always a macd divergence, than i use the shape of first stochastic for calculate the collapse and the inversion pattern to discover a valid signal.

Ok here we go for looking the divergence, really a divergence is not so easy to find so, in the following days i will post some of mine real trades to let you understand better divergence and 123 pattern

errich fx, you are watching the divergence in the wrong side of the macd wave, than i post the new image (with your setup, photoshopped!)


fx gorup another strong difference is the your trading system search the trend in 1H timeframe, I search trends in 5M 30M and 1H, for me it is a big difference because I have a clear level of entry than an arbitrage stochastic entry, but effectively Trend Finder has many similitudes with fx-group than I suggest we could also merge both system but I will try to work on it next week.

Regard and please vote it for improve my system!

P.S. please follow me on the next market analysis looking for Sindey and Tokyio opens .

Thank you guys for interests on my trading strategy here I reply to fx-group because I effectivly specialized my old trading system with the usage of the stochastic oscillator of the tf-group thread, but I do not use the stochastic for the entry, I prefer to see price movement and the entry signal is the combination of 3 signals

 

1. first of all market congestion ( you can see the shape of the stocastic it is clearly a congestion)
2. find a divergence
3. find a ross hook

Only if the three condition is confirmed it could be a great strong opportunity (fx group use an entry based on the stochastic my entry is based on the 123 rh) another thing about fx-group, for the correction I want to confirm overbought and oversold signals and the market congestion with the divergence, if it is real there is always a macd divergence, than i use the shape of first stochastic for calculate the collapse and the inversion pattern to discover a valid signal.

Ok here we go for looking the divergence, really a divergence is not so easy to find so, in the following days i will post some of mine real trades to let you understand better divergence and 123 pattern

fx gorup another strong difference is the your trading system search the trend in 1H timeframe, I search trends in 5M 30M and 1H, for me it is a big difference because I have a clear level of entry than an arbitrage stochastic entry, but effectively Trend Finder has many similitudes with fx-group than I suggest we could also merge both system but I will try to work on it next week.

I belive you usually do not look for divergence, but divercences are normally a strong confirmation signal for inversion, my personal suggestion is not to search them in few bar, but if you find a market congestion, please look in all tframes and you will find this, I replied your post with an attached image and the two lines on tops divergent. You could see that price line has an angle direction and the macd line on tops has an opposite direction.

There is also another way to find divergence but it is quite complicated.

Divergence = strong reverse confirmation signal
Another way to use divergences is to draw them in the RSI but I prefer macd beacause it is an indicator designed for the divergent lines aganinst RSI is an andicator designed for market streght I usually look for trendlines , double top/ double bottom and head and shoulders on the rsi.

a sequence of a correct entry and exit please notice the last operation closed -20 pip, it is damned but the trend operation compensate the volatility

new image with market collapsion and growing profit during the day....

naturally it still goes on during all the day

collapse - divergence -123 entry - pyramid

this means that with the following entry 1 contract, 2 contracts, 1 contract = 1,200 USD per Day, pretty good!

please notice the market collapsion at the end on the first bearish trend